New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-11-07
York baseball Club started to nghs for New hs
aid he was going on business Of the Brotherhsed
THE NICARAGUA CANAL PROJECT.
PREPARING TO MAKE THE FINAL SURVEYS.


A BODY OF EN0INEERS TO START THIS hONih
UNDER ENGINEER PEARY. OF THE NAVY
Engineer r. f. Peary OF the United States Navy. whs
has been busy here for the last few days with the
.oupment OF an expedition to make the hnai
surysy for the Nicaragua Canal route. has much In
tnresting Information regarding tho new engineering
COMPANY under his command which will sail from Se"
York on November 20, and regarding tn, project in
general
Mr.. Peary is tall and wry young Of distinctive
American typo. He made expedition TO Greenland
Last wear mersy for his amusement and appears 10
be blessed with constitution which can endure VIII
canal Indifference the frgd regions OF the Poie or Tue
enervatng masna OF the tropics he has aeady passod
three mouths Tsthmus and says that no Xed tne
climate there
Uni, expedit,on Is not under tho auspices Of the
Government IA has been tho with several which
have preceded IT," said Mr.. Poary. &c hos been
Organized by tho Nicaragua Canal Construction 'om-
pany as q preliminary TO tho actual exoavations ior
tho canal "a .
Has tho right of way been settled with tho
Nicaraguan Government"
Yes; the company paid 100000 last spring TOT tno
concession The surveys which have already been made
by A. g. Menoca for tho United States Government
have virtually laid down the route. and the piesen eA
petition will only have to arrive at tho details "e
expect that st months will give ample time to com
piete this branch OF the work. and the ekoaNahs WI"
be begun immediately aiterwsrd"
In reply TO question now long 1t would take TO
build the canal Mr. Peary replied: 10 viii, be ready u
convey ships from ocean tn ocean IN nj most SIX years
The distance by route across the tsthmus ~ t|o
miles, but OF this have only 10 construc. ABOUT f"ry
miles a. Lake Nicaragua supplies with fifty six miles
of water: the san Juan River gives us Sixty
four miles, and tho valley of the Ri san Francisco
which we can render navlgsble at small expense, Will
give us ten miles"
You will only have about twenty miles OF canal to
build them each side Of tho isthmus to connect with
Evaoty; AMI wo shall have OF the deep cutting
which 50 fatal to the financial Practica'hy OF the
DO yon regard that enterprise as hopeless thenf'
ASKED the reporter 20 -, a.. rr..,
Count will doubtless be accomplished. but at 80
outlay that can never he made prontaole
The Nicaragua Canal can DO completed at u cost OF
h height LAX. Nicaragua above tho sea
ono hundred and ten feet The canal each side will
have looks go feet long - feet wlie ana 81 eet
deep and calculate that the rinun time roIueu
ens OF the largest steam or sailing SHIPS VIII oe
Mr. Pe,ry also stated that his expedition would CON
si OF forty engneers VINO oo WIN % T' v One bund1ed
and ten ltborors will he taken IRON Janso ana .ne
OF the survey IL ostmatst ~ SiODooO Tho results
obtained will be iti before intern itoua CON oission
noted engineers The clinae and DINER c"n-
dlons at Ncaragul being much mere favorable than
at any other section OF the Ishnus Mr. Peary IS san.
giue ~ a. there will be no break In the operations uhth
the canal Is finished
ADVANTAGES or THE ROUTE TO AMERICAN COM
MERGE.
Tn conclusion no said This route Is by all odds the
best one available for American commerce. Owinsto
tho prevailing northeast tralo winds, winch DO" Jhere
the year roun sailing vessels Will have no dlculty IN
re- oline elvng the o1na II will bring the Pacific
pors 900 miles nearer the Atlantic ports, an 5000
mile, those OF Europe: ant ast though not
les tst. 10 a strictly American enterprise.
rhe Nicaragua Canal Company consists or tho follow
Ing ~cl.knpwl business men: President. Frtncs A
stout rciaurrr Horace H. Hoto kiss; secretary j. ".
Miller. chief engineer. 4. G.. MonOcal. u. = n as
sisant engineer H. T.. Peary and H. C. Taylor. T. 3 y,
general manager. Am0ug tue principal movers Ia The
enterprise may he mentioned. Fro .erck Billings. % the
Union Iaclnc Rarua A. &. Cheney president OF the
Garfield National l;auk Hiram Hitchcock. OF tue liilh
Avenue Hotel. cHt Governor Fairbanks, or vermont;
VIII wa Gurinson, OF the Dnimtter Iron Worss is les
llnnsrvrlt AMI g. X RJOin>Ol, Of Baltimore; william
Lane. asher. of Richmond. Gcuch Bctlo. of Rigs Bank,
Masuiu st0n, AMI MINIS " CO.. Of savannah